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The lack of precipitation in the east of Ukraine and the Russian Federation will reduce the yield potential of late crops
26.07.2024
Weather conditions in the US and in Europe are generally favorable for the formation of a crop, which restrains the growth of stock market quotations. At the same time, dry weather in the southeast of Ukraine and the southwest of the Russian Federation reduces the yield potential of soybeans, sunflowers, and corn. The Midwest and U.S. Plains received heavy rain this week, which is good for spring wheat, soybeans and corn. Temperatures will be above average next week, with more...
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World urea prices are falling in line with gas prices
26.07.2024
Prices for urea (the main nitrogen group fertilizer) have started to fall after several weeks of growth. From the end of April to the middle of June, they increased by 26% to $313/t and continued to rise slowly. But during July 11-18, quotations on FOB Baltic fell by 2% to $323/t against the background of reduced demand and significant reserves in some countries, as well as following gas prices. According to the MMI agency, the urea market remains stable, but in some countries...
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Purchase prices for grains in Ukraine on July 25, 2024
25.07.2024
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 30000 Wheat mill offals 3000 165 Mustard seeds 503 Peas 13580 ↓ 20 11229 250 263 Buckwheat 8500 ...
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In 2024/25, Spain will remain one of the main export destinations of Ukrainian wheat and corn
25.07.2024
"In 2024/25, Spain will remain one of the key sales destinations for Ukrainian wheat and corn," Barva Invest's operating partner B. Kostetskyi said, speaking at the Trend & Hedge Club. "In 2023/24 FY, Spain significantly increased imports of Ukrainian wheat, and may remain one of its main buyers in the new season, although it will reduce demand, as it will increase its own production. We forecast that Ukraine will export about 4 million tons of wheat to Spain...
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Feed corn prices in Ukraine continue to rise
25.07.2024
During the week, purchase prices for corn in the ports of Ukraine increased against the background of active demand from importers, a shortage of offers from producers, low transitional stocks and the July heat, which negatively affected the formation of the harvest of late crops. Since Monday, demand prices for corn have increased by $13-17/t to $170-181/t SRT-port. According to the Ukrainian Hydrometeorological Center, the agro-meteorological conditions in Ukraine...
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Freight rates to Asian countries increased by $1-2/ton in Ukrainian ports
25.07.2024
During the week in the ports of Ukraine, the freight rates of panamax-type vessels in the direction of Asian countries increased by an average of $1-2/t, while the freight rates of handysizes, lighters and barges remained unchanged thanks to a sufficient number of offers, Spike Brokers reports. So, as of July 22, the rates for transportation by river transport were: Izmail — Constanta, Romania (1-3 thousand t) - 12 €/t, Izmail — Ruse/Silistra, Bulgaria (1-3...
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Purchase prices for grains in Ukraine on July 24, 2024
24.07.2024
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 30000 Wheat mill offals 3000 165 Mustard seeds 503 Peas 13520 ↓ 5 11129 263 Buckwheat 8500 Rye ...
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Quotations for soybean and palm oil remain stable, despite the drop in oil prices
24.07.2024
Soybean and palm oil futures traded flat during the week, despite data on increased exports from Malaysia and a drop in canola and canola oil prices. Also, the markets did not react to the decrease in forecasts of the sunflower harvest in Ukraine and the Russian Federation due to the heat. December soybean oil futures in Chicago rose 10% in early July, but then fell for two weeks to $993/t (+3% for the month) under pressure from favorable weather for the US soybean...
